Abstract

A Bayesian approach to model selection for structural equation models is outlined. This enables us to compare individual models, nested or non-nested, and also to search through the (perhaps vast) set of possible models for the best ones. The approach selects several models rather than just one, when appropriate, and so enables us to take account, both informally and formally, of uncertainty about model structure when making inferences about quantities of interest. The approach tends to select simpler models than strategies based on multiple P-value-based tests. It may thus help to overcome the criticism of structural

Keywords

Model selectionStructural equation modelingBayesian probabilityEconometricsSelection (genetic algorithm)Computer scienceBayes factorStatistical modelBayesian inferenceMathematicsArtificial intelligenceMachine learning

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Year
1992
Type
article
Citations
356
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Adrian E. Raftery (1992). Bayesian Model Selection in Structural Equation Models. .